AcquisitionsAug 4, 2026, 04:26 PM
FIS Acquires Issuer Solutions, Sells Worldpay; Q2 Net Earnings $231M
AI Summary
Fidelity National Information Services, Inc. (FIS) reported strong financial results for the second quarter and first half of 2026, significantly boosted by strategic transactions. The company completed the acquisition of the Issuer Solutions Business from Global Payments for $13.473 billion and simultaneously sold its remaining 45% equity interest in Worldpay for $5.8 billion, realizing a $2.2 billion pre-tax gain. This led to a substantial increase in net earnings and revenue, with Q2 2026 revenue reaching $3.377 billion and net earnings attributable to FIS at $231 million.
Key Highlights
- FIS acquired Issuer Solutions Business for $13.473 billion, including $7.695 billion cash.
- FIS sold its remaining 45% equity interest in Worldpay for $5.8 billion, recognizing a $2.2 billion pre-tax gain.
- Q2 2026 revenue increased to $3.377 billion from $2.616 billion in Q2 2025.
- Q2 2026 net earnings attributable to FIS were $231 million, up from a $(470) million loss in Q2 2025.
- Diluted EPS for Q2 2026 was $0.45, compared to $(0.90) in Q2 2025.
- Net cash provided by operating activities for YTD 2026 was $1.207 billion, up from $839 million in YTD 2025.
- FIS declared cash dividends of $0.44 per share per quarter.
Price Impact
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